The Saeima has adopted and the President promulgated the following laws: land vehicle liability compulsory insurance act of making road transport owners civil liability compulsory insurance Act (Republic of Latvia Saeima and the Cabinet of Ministers rapporteur, 2004, nr. 10) the following amendments: 1. Replace the entire law, the word "inspection" (fold) with the word "agency" (fold).
2. in article 1 point 3: turn off the word "written";
make paragraph 8 by the following: ' 8) the injured party-the physical person in the accident suffered health damage, except for a road traffic accident injury caused the driver of the vehicle; "
exclude paragraph 9;
to make the paragraph 11 of point "a" the following: "(a)) in the territory of the State in which the transport tool for State registration number and issuing country of the corresponding registration plate (number plate), irrespective of whether the plate is permanent or temporary,";
11. turn off point "b" and "c" in the word "registration";
Supplement 11 to the "d" section as follows: "(d)) if the vehicle is without plates or if it has a plate that does not comply with this vehicle, and the vehicle is involved in an accident, the territory of the State in which the accident occurred;"
Replace paragraph 15, the words "the accident was caused by" with the words "the injury suffered in the accident".
3. To supplement the law with article 4.1 as follows: "article 4.1. Insurance contracts (1) a standard switch or onsite using a means of distance communication.
(2) Robežapdrošināšan agreement and international insurance (green card) switch only onsite.
(3) the conclusion of contracts and international insurance (green card) for a vehicle registered in the Republic of Latvia, the insurer at the time of conclusion of the contract, shall on the conclusion of the contract for ground vehicle owners civil liability compulsory insurance information system. If the contract is closed by using the means of distance communication, the insurer sends the policyholder with a secure electronic signature and time stamp a certified confirmation of the conclusion of the insurance contract. "
4. Put article 5 by the following: "article 5. Standard contract (1) the standard contract is an insurance contract that is concluded for: 1) or registered in the Republic of Latvia seized a vehicle;
2) seized in another country, or of a vehicle removed to their exportation from the country concerned and registered in the Republic of Latvia;
3) vehicle equipped with special road safety Directorate or national technical supervision agency issued transit number plates and intended for export from the Republic of Latvia;
4) vehicle equipped with special road safety Directorate issued trial number plates and designed to test drive;
5) trading company (merchant), which served the trade number card for new and not previously registered in the Republic of Latvia to the vehicles.
(2) the conclusion of a contract for the new and the Republic of Latvia, as well as other countries earlier non-registered vehicle, it must first be registered in the Republic of Latvia.
(3) the Contract is in force in the European economic area countries and the other countries that joined May 30, 2002 of the multilateral agreement between the Member States of the European economic area and other associate States national insurance offices. "
5. To make article 6 the first subparagraph by the following: "(1) the Treaty of Robežapdrošināšan is an insurance contract that is concluded for a vehicle registered in a country other than the countries of the European economic area, where the driver cannot be presented in the territory of the Republic of Latvia, the existing vehicle owners civil liability compulsory insurance contract."
6. Express 8 and 9 article by the following: ' article 8. Insurance policy and its duplicate (1) the insurer is obliged to issue an insurance policy: 1) immediately after the robežapdrošināšan agreement or international insurance (green card);
2) immediately after the conclusion of the contract, if it closed, without using the means of distance communication;
3) within five working days of the receipt of the owner of the vehicle or the person of the standard contract concluded when the contract is closed by using the means of distance communication. A legal person shall submit a written application for insurance policies.
(2) written in the absence of an insurance policy shall not affect the validity of the insurance contract.
(3) if the insurance policy has been stolen, lost, lost or damaged, the owner of the vehicle shall provide the insurer, insured vehicle owner's civil liability, the written submission with a request to issue a duplicate of the insurance certificate. The insurer two days issues the policy duplicate. The insurer for the insurance policy the issue of duplicate has the right to charge a fee, but it may not exceed two percent of insurance premiums established in the insurance contract.
9. article. The term of the insurance contract and the date of entry into force (1) a standard switch for three, six, nine or 12 months, except when: 1) the vehicle is registered. In this case, the standard may conclude the registration certificate of the vehicle also contains the end of the period of validity, not exceeding 12 months;
2) the vehicle is disposed of in the Republic of Latvia and has given permission to participate in road traffic. In this case, the standard may conclude on the vehicle registration certificate also contains the term;
3) vehicle in another country seized or disposed of, to be exported from the country concerned and registered in the Republic of Latvia. In this case, a standard switch for 30 days;
4) vehicle transit number issued card. In this case, the contract shall be concluded for a number of transit map the specified validity period;
5) vehicle trial issued a number card. In this case, the standard for a trial number specified on the card validity period not exceeding 12 months;
6) trading company (merchant), which served the trade number card, a standard switch with regard to new and not previously registered in the Republic of Latvia to the vehicles. In this case, the contract shall be concluded for 12 months.
(2) Robežapdrošināšan agreement concluded for a period of one month to 12 months.
(3) international contract of insurance (green card) for a period from 15 days to 12 months.
(4) the insurance contract shall enter into force at the time when the insurance contract provides otherwise. If the agreement takes effect until 12.00, then the calculation of the expiry of the contract, the date of entry into force of the Treaty on the subject, but if the contract or later, 12.00-not charged. "
7. To supplement the law with article 9.1 of the following: ' article 9.1. The conclusion of the insurance contract necessary documents (1) the insurance contract shall be based on: 1) the personal data specified in the identity document or driver's license (physical person) or registration certificate (legal person) and 2) vehicle registration data, specified in the certificate of registration of the vehicle.
(2) If the vehicle registration certificate is issued, the insurance contract shall be concluded on the basis of the first paragraph of this article, paragraph 1 of the data and the data that you specify: 1) in bai retail vehicles registered merchants rely on clicking issued-reference and other documents that clearly certify ownership of the vehicle, if the vehicle is disposed of in the Republic of Latvia, or if it is seized or disposed of in another country to be exported from the country concerned and registered in the Republic of Latvia or (2)) of the transit number of the card, if the transport transit number issued feature map, 3) trial number or map if a vehicle provided with a trial number card or 4) trade number map if trading company (merchant), which served the trade number card, a standard switch with regard to new and not previously registered in the Republic of Latvia to the vehicles.
(3) the insurance contract shall specify: 1) of the first subparagraph of paragraph 2 and the second paragraph, 2, 3 and 4 of this document and its number;
2) of the second paragraph of this article referred to in paragraph 1 of document type, the date and number of the issue, if such a number. "
8. Article 10: replace the first subparagraph of paragraph 3, the word "policy" with the word "agreement";
turn off the fourth part;
express the sixth follows:

"(6) if the vehicle is re-registered (if the change in the registration certificate of the vehicle specified by the owner or lessee of the vehicle-case-the lessee that the road safety Directorate and the driver of the vehicle in the national register or the State technical supervision of the Agency and its Director of Technical information system registered as the holder of the vehicle, or vehicle identification number) or the number of transit are issued a card or proof of vehicle insurance agreement scrapped and the vehicle owner does not submit the application for termination of insurance contract the insurance contract is terminated, the moment when the vehicle is re-registered or transit number issued to the card or proof of vehicle retirements. ";
to supplement the article with the seventh subparagraph by the following: "(7) the sixth subparagraph of this article, the conditions do not apply to: 1) leasing, if the vehicle is re-registered and vehicle registration certificate of the vehicle above the holder becomes the owner of the vehicle;
2) standard contract concluded on the basis of this law, article 9.1 second part of data referred to in paragraph 1. "
9. Add to article 12, the second paragraph after the word "premium" with the words "the amount specified in the insurance contract at the moment".
10. Article 13 be expressed as follows: "article 13. Determination of insurance premiums (1) concluding the insurance contract, the insurance premiums to the owner of the vehicle is determined, considering the previous insurance period the insurance claims paid, the number of regulations laid down in the number of cases detected, the vehicle controlled by administrative irregularities, violation of which register accounting periods, and criminal offences against road safety, as well as evaluating other risk-factors.
(2) the conclusion of the insurance contract, the insurance premium for the determination of the amount of the benefit will be treated as the owner of the vehicle. "
11. Turn off the article 14, second sentence of the third paragraph, the words "State of registry".
12. Express article 15, first paragraph, point 1 and 2 by the following: "1) person to reimburse for damage-up to 5 000 000 euros equivalent in lats in accordance with the established by the Bank of Latvia exchange rate on the day when the decision on the costs of claims, regardless of the number of victims;
2) compensation for damage caused to property – up to 1 000 000 euros equivalent in lats in accordance with the established by the Bank of Latvia exchange rate on the day when the decision on the costs of claims, regardless of the number of third parties. "
13. Express article 16 the first subparagraph by the following: "(1) a driver after a road accident, at the request of the person concerned shall provide the necessary information on the insurance contract and the insurer with which the insurance contract. Departure outside the territory of the Republic of Latvia, the driver must be up to the owner of the vehicle civil liability insurance policy. "
14. in article 17: make the third paragraph as follows: "(3) the insurer in any European economic area country authorised representatives that this country sort of European economic area countries of persons resident in the claims against the insurers because of the insurance year on you, which occurred in the European economic area countries, other than the victim's residence, and that the loss was caused by a vehicle with a plate of the Republic of Latvia, and make decisions about the cost of the insurance indemnity or refusal to pay the insurance indemnity as well as ensure the cost of claims. The insurer representative is relevant to the European economic area country natural person resident or registered company. The insurer shall notify the insurer of the vehicle, the insurer's representative to the Office of the name and legal address. ";
express the sixth part as follows: "(6) the insurer by the policy holder (the owner of the vehicle or insurance contract entered into between the parties) shall be issued, at the request of the harmonised notification form: 1) immediately after receipt of the request if it received, without using the means of distance communication;
2) within five working days of receipt of the request if it received, using the means of distance communication ".
15. Express article 21, second paragraph as follows: "(2) Not received income consists of: 1) the injured party whose road traffic accident moment considered, workers-labour law the parties calculated the average earnings less the health damage suffered by the victim of the disease and money granted sickness benefits;
2) the injured party whose road, at the time considered as self-employed persons,-the amount is calculated as the difference between the previous (before the accident) the calendar year with a taxable income of work and labour income received in the calendar year when the person has had a temporary disability, and less by the health damage suffered by the injured party assigned sickness benefits. "
16. To supplement the law with article 23.1 as follows: "article 23.1. Damages due to the loss of integrity of the victim and the victim's death index calculation of claims for damages due to the loss of integrity of the victim or the victim's death, the insurer or the insurer of the Vehicle once a year by the Office of labour income, indexed by the injured person or the person killed had received before the accident, taking into account the Central Statistical Bureau official of the previous year's consumer price index (inflation index). "
17. Article 31: make the first paragraph by the following: "(1) the insurer, which is apdrošinājuš road traffic accidents involving the vehicle or vehicles, the insurer shall, in the light of traffic accident conditions, evaluate and define each road traffic accident involved responsibility for the damage done."
make the third paragraph as follows: "(3) If traffic damage was caused in the event of the vehicle owner's civil liability to insure the European economic area country land vehicle liability compulsory insurance for the performance of licensed insurance companies and road accidents, which suffered in the Republic of Latvia a person resident in the European economic area occurred in the country, the loss of pay the national authorized representative in the Republic of Latvia or to the Office of the insurer. In addition, the person has the right to apply directly to the insurer, which has caused the loss insured vehicle owner's civil liability, as well as the right to bring a court action by the Republic of Latvia to the insurer or its authorised representative. ';
replace the fifth paragraph, the words "accident caused by" with the words "accident caused" losses;
replace the sixth paragraph, the words "the accident was caused by" with the words "accident caused the damage";
to make an eighth of the following: "(8) where a road accident victim of pedestrian, cyclist or other road traffic participants who did not use the vehicle and found not a road traffic offence, which would be the causal link with road traffic accident damage, and if a road accident involving the driver's fault is not proven, the cost of Vehicle insurance claims insurers Office.";
replace the ninth and tenth paragraph, the words "the accident was caused by" with the words "the injury suffered in the accident";
to supplement the article with the eleventh subparagraph by the following: "(11) the insurer or insurers in the Office is not entitled to reject claims or significantly reduced if the injured person (passenger vehicle) knew or should have known that the driver of the road at the time of the accident was alcohol or other intoxicating substances under the influence."
18. Article 32 of the expression by the following: ' article 32. In the leasing of vehicles suffered damage compensation paid pursuant to this Act and, if a vehicle belonging to one owner, a road traffic accident caused damage to the object, which the owner transferred the lease to another person, and if the lease object that the owner of the registration provided for road traffic safety Directorate and the driver of the Vehicle in the national register or the State technical supervision of the Agency and its Director of Technical information system Leasing object is specified, the owner and the holder of the lease object. "
19. Article 33:

replace the first paragraph, the words "the accident is caused by" with the words "in the case of injury not caused" and the words "the accident was caused by"-with the words "accident caused" losses;
replace the second paragraph, the words "the accident was caused by" with the words "accident caused the damage.
20. Article 35: Express (1) of the following: "1) losses incurred using the vehicle, but for which the harm responsibility in accordance with the civil code, article not in 2347. They are the losses incurred by the third party as a result of force majeure, the intention of this person or this person's serious negligence; "
make paragraph 2 second sentence the following wording: "If a road accident at least one victim has suffered serious or moderate personal injury law reimburses the loss referred to in article 25 in all road traffic accident involved;"
make paragraph 3 by the following: "3) damage to property resulting from road traffic accident damages caused to the owner of the vehicle and the right user and person damages, arising from a road traffic accident damages caused in the driver. This point damages referred to in this law, article 31 in the fifth and seventh in the cases referred to in part; "
Replace paragraph 6, the words "the accident was caused by" with the words "caused the accident of loss";
make the following paragraph 11: "11") losses, which caused third-person effects of road traffic accident damages caused by the vehicle owner or entitled user accepted cargo komercpārvadāšan; ";
to supplement the article with the following paragraph 12: ' 12) losses due to damage or destruction of the vehicle caused a road accident, for which, in accordance with the laws and regulations had to be communicated to the national police, but it is not done with the same traffic accident involved harm or serious negligence. "
21. the express article 36 as follows: "article 36. The announcement of the membership of the claims (1) road traffic accident involved has the following responsibilities: 1) take all possible measures to legislation that established a fixed road traffic conditions, as well as prevent or reduce further losses;
2) save and show the damaged property in the State in which it was after a road accident, up to the time when this law is fixed to damage property or refusal to take a look at the damaged property;
3) to provide information on a traffic accident conditions the insurer or the insurer of the vehicle after its request to the Office.
(2) road traffic accident involved, the driver must immediately (as soon as it possible) announce the membership claims insurer or insurers of vehicles for the Office in the following ways: 1) if the vehicle owner is a person who is eligible for insurance claims, he submitted to the insurer, which has contributed to the loss of the insured vehicle or civil liability, the insurer of the vehicle, if the claims shall be paid from the guarantee fund, an application for insurance. The application shall be accompanied by a completed the agreed statement if a road accident conditions fixed by using harmonised notification form;
2) if the vehicle owner is a person who does not qualify for the insurance claims, he submitted, the insurer concluded civil liability compulsory insurance contract or, failing that, the insurers agreed to fill the Office notification in case of road accident conditions fixed by using harmonised notification form, or be informed in writing about the road traffic accident, if a road accident conditions delineated in the national police.
(3) where the driver did not notice the insurance case, the obligation to notify the membership pursuant to the second subparagraph of this article, is the owner of the vehicle or, in the case of vehicle leasing--lessee.
(4) a Person who is eligible for insurance reimbursement for damage caused to property (excluding vehicle damages) or damage caused to the person applying for insurance cases, the insurer, which has contributed to the loss of the insured vehicle or civil liability, the insurer of the vehicle, if the claims shall be paid from the guarantee fund.
(5) if the insurer has insured losses, which contributed to the vehicle owner's civil liability, is not known, or if not, the persons referred to in this article are obliged to turn to vehicle insurer Office or at any insurer. The insurer, the insurer of the vehicle by contacting the Office, find out who to report claims or submit an application for insurance cases, and shall forthwith inform the person concerned.
(6) the insurer or insurers of vehicles Office five days after the insurer or the insurer of the vehicle in accordance with this article, second paragraph, point 2 notified of claims: 1) in a road traffic accident damages caused in the vehicle inspection;
2) is entitled not to take road traffic accident damages caused in the vehicle inspection, informing in writing the person who notified the insurance case.
(7) an insurer or insurers may refuse to pay insurance claims, if the third person with the evil intent or serious negligence has failed to fulfil one of the obligations laid down in the first subparagraph. "
22. the express 37. the first paragraph by the following: "(1) the loss was caused in the vehicle owner's civil liability of the insurer or the insurer of the vehicle, if the Office of claims shall be paid from the guarantee fund, the designated expert immediately, but not later than within three days (from the date when the person is eligible for insurance claims, announced the accident insurer or insurers Bureau) to the claims of the person receiving the damaged goods."
23. Article 38: make the second subparagraph of paragraph 1 and 2 as follows: "1) documents, and other kind of information indicating that fixed with claims related facts, and their extent, if such information exists;
2, the public prosecutor's Office and the courts) investigation authorities or their official documents due to road traffic accidents, which caused damage to a third party, where such documents are. "
turn off the second part of paragraph 3;
to make a fifth by the following: "(5) If a person entitled to insurance compensation under this Act, submit a written request, the insurer or the insurer of the Vehicle by that person to the Office with the documents justifying the decision on the person of the entire cost of the insurance indemnity or refusal to pay insurance claims, or that the person is issued a copy of the document. A person is eligible for insurance claims, is entitled to receive copies of such documents for payment, not exceeding the costs of preparing the copy. "
to supplement the article with sixth and seventh paragraph as follows: "(6) the insurer or insurers of vehicles for the Office is not obliged to present documents and distribute copies of this article, the procedure laid down in the fifth subparagraph, if due to road traffic accident insurer or insurers of vehicles Office documents were submitted by law enforcement agencies within the criminal proceedings.
(7) an insurer or insurers after presentation to the Office with documents justifying the decision on the costs of insurance claims, or of the refusal to pay insurance claims, has the right to require the person who lays claim to the insurance compensation, sign a declaration specifying the documents that this person has read. If a person qualifies for insurance claims, refuses to sign the following declaration signed by the insurer or insurers, particularly noting that the person refused to sign the receipt. "
24. Article 39: replace the first paragraph, the words "the accident was caused by" with the words "caused the accident of loss" and the words "(or known road accident cause)"-with the words "do you know the road traffic accident injury caused the person";
replace the second paragraph, the words "the accident was caused by" with the words "accident caused" losses.
25. in article 41: make the first part of the introductory part of paragraph 1 by the following:

"1) driving that road accident caused damage to a third party, if:";
make the first part of paragraph 1 "d" at the bottom of the following paragraph: "(d)) has not submitted a completed statement agreed in accordance with the procedure laid down in this Act or has not provided information on the road conditions of the accident insurer after its request;";
make the first part of paragraph 2, the introductory paragraph as follows: "2) road traffic accident damages caused by the vehicle owner or lessee of the vehicle-the case of the lessee, if:";
make the first part of paragraph 2 "b" at the bottom of the paragraph by the following: "(b)) a driver who is a road traffic accident caused damage to a third party, does not submit the completed statement agreed in accordance with the procedure laid down in this Act or has not provided information about road traffic accident conditions upon his request to the insurer and loss recovery from driving is not possible";
make the first part of paragraph 3 and 4 by the following: "3) road owner (Manager) if the insurer has instead rewarded with a road traffic accident damages;
4) person whose loss caused by bad; "
Express 1 and the second subparagraph of paragraph 2 as follows: "1) road traffic accident damages caused by the vehicle owner or lessee of the vehicle-case-lessee, if it is not insured by civil liability of the owner, or to the right of the vehicle user;
2) the driver if a vehicle acquired by unlawful activity; ".
26. Article 44: make the second part of paragraph 6 by the following: "6) provide this law, article 50 and 50.1 51.2 of the information referred to in provision;";
Replace paragraph 2 of the third paragraph, the words "the accident was caused by" with the words "the injury suffered in the accident".
27. Replace article 47, the word "four" with the word "two".
28. Make the article 50 as follows: "article 50. Provision of information to the road traffic accident (1) the parties involved in a road accident the persons concerned have the right to request and receive from the insurer of the vehicle the following information Office: 1) in a road traffic accident damages caused in the vehicle owner's civil liability, the name and address of the insurer, if the vehicle is a sign of the Republic of Latvia;
2) road traffic accident damages caused in the vehicle owner's liability insurance contract number, if a road accident, at the time this contract is in force, and if the vehicle is a sign of the Republic of Latvia;
3) the insurer or its representative's name and address, if a road traffic accident damages done to the vehicle, which is a European economic area country number sign, or a vehicle that has a third State plate and foreign insurers issued a civil liability insurance policy.
(2) in order to exercise his legitimate rights based in writing, the third person is entitled to request and receive such information about road traffic accident damages caused by the vehicle owner or entitled user-name, surname and address (physical person), name, and address (legal entity), if this vehicle has a the Republic of Latvia number plate.
(3) in the first and second parts of the information referred to in a road traffic accident the person involved is entitled to request 10 years of road traffic accident. "
29. To supplement the law with article 50.1 the following: ' article 50.1. Provision of information to the insurer of the vehicle, the vehicle owner Office within 15 days after the owner of the vehicle or, in the case of a vehicle leasing--lessee's request for its civil liability compulsory insurance history [request indicates the vehicle's license plate and vehicle data-name, surname, personal code (natural person), the name and registration number (legal person)] provide the following information: 1) insurance contracts concluded in the period, which shall not be less than the last five years-insurance contract, series and number the insurance contract type, date of conclusion of the contract of insurance, effective date and time of the end date of the transaction, the insurer with which the insurance contract;
2) according to paragraph 1 of this article the contracts referred to in connection with the application of the insurance cases, indicating the number of traffic accidents, as well as the date, or on the basis of the application is or is not made of the claims cost. "
30. Article 51: replace paragraph 7 of the first paragraph and the words "in article 36 in the fourth paragraph of the said written application" with a number and the words "in article 36 of the said written application claims";
make the third paragraph as follows: "(3) the guarantee fund shall bear the cost of inspection: 1) or other requirements necessary for settlement of transactions, if under that law the vehicle insurers Office decides on claims and expenses incurred in recovering from the guarantee fund paid out claims of recourse procedures;
2) this statutory compensation insurer for insurance premium payment reduction;
3) expenditure incurred in providing the Guarantee Fund and investing. ';
to make a fifth by the following: "(5) the guarantee fund paid damages in one of the following cases: 1) If between the insurer and the insurer of the vehicle in the event of a dispute the obligation to pay the insurance indemnity;
2) If a dispute arises between insurers on the obligation to pay insurance claims when damages caused to a third party of several persons, including the driver, and within three months from the date on which the application for insurance, it is not possible to determine each driver's degree of responsibility. "
to complement the sixth paragraph 6 by the following: "6) revenue from the guarantee fund for the storage and the lay."
31. To supplement the law with 51.1 and 51.2. Article 51.1 as follows: "article. Guarantee funds and storage-(1) the Office of vehicle insurance guarantee fund resources shall be held in the Republic of Latvia, other Member State of the European Union or the European economic area (hereinafter also-) registered in the credit institution.
(2) the guarantee fund may invest and manage a contract with an insurer of the vehicle the Office of Guarantee Fund management: 1) a credit institution, entitled to provide investment services and additional services for investment in the Republic of Latvia;
2) investment brokerage company, entitled to provide investment services in the Republic of Latvia;
3) investment management company, entitled to provide management services (also individually manage investors ' financial instruments) in the Republic of Latvia.
(3) the guarantee fund investments made in accordance with the procedure laid down in this article, implementing an investment policy that supports this statutory guarantee fund payments commitments and investment liquidity.
(4) the guarantee fund may invest: 1), the Republic of Latvia to the European Union or the European economic area and their municipal in the emitted or guaranteed securities or money market instruments;
2) term credit institution which received the license of the business of credit institutions in a Member State and has the right to provide financial services in the Member State;
3) investment funds or investment companies in the common pielīdzināmo (hereinafter referred to as the Fund), if they are registered in a Member State or the Organisation for economic cooperation and development in a Member State and their investors are entitled without restriction to dispose of their investment certificates;
4) organisation for economic cooperation and development in the Member States in the emitted or guaranteed securities or money market instruments where national long-term rating for foreign currency, according to the international rating agency ratings, meet investment category;
5) shares and other equity securities, if they are included in the stock exchange established in a Member State (regulated market) or equivalent official list (hereinafter-the official list) or the Organisation for economic cooperation and development member-international stock exchange Stock Exchange full members (members)-official listing or are traded on other regulated and publicly available financial instruments markets;

6) of debt securities companies, if they are included in the stock exchange established in a Member State (regulated market) official list or the Organisation for economic cooperation and development member-international stock exchange Stock Exchange full members (members)-official listing or are traded on other regulated and publicly available financial instruments markets;
7) company equity and debt securities, if they are not included in the stock exchange (regulated market), but the emissions rules provides that the securities to official listing or a Member State of the Organisation for economic cooperation and development member-international stock exchange Stock Exchange full members (members)-official listing will include one year from the date of the signing of the start to perform transactions with these securities;
8) immovable property, which is registered in a Member State if it is a rating, which shows that the investment meets the real estate value.
(5) the guarantee fund to co-finance, subject to the following restrictions: 1) investments investments in one country or the emitted or guaranteed in the local government securities or money market instruments must not exceed 25 percent of the guarantee fund;
2) one company investments in debt securities issued may not exceed 10 percent of the Guarantee Fund and 10 percent from one issuer of debt securities issued by total volume;
3) investment company in the capital of one of the emitted securities may not exceed 10 percent of the Guarantee Fund and 10 percent of the share capital of the issuer and of the number of voting shares;
4) deposits in one credit institution may not exceed 20 percent of the Guarantee Fund, but total claims against the credit institution shall not exceed 25 per cent of the resources of the guarantee fund, except for the requirement that is arranged on request against the holder of the funds;
5) investments in one investment fund shall not exceed 10 per cent of the resources of the guarantee fund;
6) in one single investment in immovable property shall not exceed 10 per cent of the resources of the guarantee fund, but the total investment in real estate should not exceed 25 percent of the guarantee fund;
7 in one group) investment in financial instruments issued by the company must not exceed 25 percent of the guarantee fund;
8) the guarantee fund may not be used for loan and grant loans, as well as to issue a guarantee.
51.2 article. Provision of information to the credit register (1) the Office of vehicle insurer within the limits laid down by the Bank of Latvia and the Bank of Latvia on the agenda given the news of his borrowers and borrower, guarantor of their commitments and their status.
(2) the Bank collects and stores in the first part of the information referred to in the credit register, established and operating in accordance with the rules approved by the Bank.
(3) the amount and Terms of the order in which the credits are included in the register provided the borrower, the borrower's guarantor, vehicle insurance office and the financial and capital market Commission, established the Bank of Latvia.
(4) vehicle, the insurer may not be the Office of the registry of credits received messages disclosed to third persons except the person for which the message received.
(5) in order to cover the credit registry maintenance expenses, vehicle insurance Office pays the Bank of Latvia on the credit registry. Fee and payment arrangements determined by the Bank of Latvia.
(6) where the insurer does not have to fulfil the first part of this article, the requirements, the Bank of Latvia is entitled to impose fines of up to 5000 it late.
(7) the financial and capital market Commission or its authorised representative shall have the right to verify with the credit register of vehicles related to the activities of the Office of the insurer and its compliance with the laws of the Republic of Latvia, the financial and capital market Commission and approved by the Bank of Latvia. "
32. Article 53: make the first paragraph by the following: "(1) State police employee is entitled to verify the validity of the insurance contract using the data that is available for ground vehicle owners civil liability compulsory insurance information system, or on an insurance policy, if the policy is issued. ';
adding to the third paragraph after the words "the information about traffic accidents and" with the words "free of charge".
33. the express 54. the first paragraph by the following: "(1) the accident prevention measures of the insurer in each quarter, including vehicle insurance office account for two percent of insurance premiums subscribed amount specified in the insurance contract, except at the time of the conclusion of this law article 10 in cases referred to the policyholder paid the premium. Article 14 of this law, the second and third part in the cases referred to in the insurance premium is signed an insurance contract is concluded the moment the calculated premium, less insurance premiums payment reduction for the insurer compensates for vehicle insurance Office of guarantee fund. "
34. the express article 58 first and second subparagraph by the following: "(1) the insurer, the insurer of the vehicle, the Office of road safety Directorate, State technical supervision of the Agency, the Ministry of the Interior and other bodies and the registry information system consists of a ground vehicle owners civil liability compulsory insurance information system-information technologies and structured set of data (hereinafter referred to as the information system).
(2) the information system are stored and processed data required for terrestrial vehicle liability compulsory insurance of activity. "
35. Article 59: Express article name, first, second and third subparagraph by the following: ' article 59. The insurer and the insurer of the vehicle, the rights and duties of the Office, processing the data information system (1) the insurer before the insurance contract are entitled to receive from the data, the information system necessary for the conclusion of insurance contracts and insurance premiums, including data on previous insurance contract made during the operation cost of claims, the number of regulations laid down in the number of cases detected, the vehicle controlled by administrative irregularities on which note the infringement in the tracking points, and criminal offences against road safety.
(2) an insurer entering into a contract of insurance, is obliged to transfer information system data on the contract.
(3) the insurer or the insurer of the vehicle, the Office has the right to receive data from the information system necessary for the administration of claims, and the obligation to transfer information system data on: 1) applied for an insurance case;
the decision taken on 2) claims. "
to make a fifth by the following: "(5) an insurer or insurers, acquiring and processing the data of natural persons, in respect of the personal data protection law requirements.";
to supplement the article with the sixth part as follows: "(6) after the data transfer information system fixes are entitled to make only the insurer that they betrayed, or vehicle insurance office."
36. the transitional provisions be supplemented with 13, 14, 15 and 16 of the following: ' 13. amendments article 15 of this law the first sister part 1 and 2 of this paragraph in respect of the expression of the new version enters into force on June 1, 2012. Until May 31, 2012, due to an accident, the insurer or the insurer of the vehicle Office to the loss, not exceeding the prescribed limit of liability of the insurer: 1) from 1 November 2007 to 30 November 2009: a) to the person to cover damage-up to 350 000 euros equivalent in lats in accordance with the established by the Bank of Latvia exchange rate on the day when the decision on the costs of claims, each victim but for the accident of not more than 2 500 000 euro in lats equivalent according to the Bank of Latvia exchange rate on the day when the decision on the costs of claims, (b) damage to property) to cover-up to 100 000 euro in lats equivalent according to the Bank of Latvia exchange rate on the day when the decision on the costs of claims, regardless of the number of third parties;
2) from December 1, 2009 until May 31, 2012: a) to the person caused by damages up to 2 500 000 euro for the equivalent in lats in accordance with the established by the Bank of Latvia exchange rate on the day when the decision on the costs of claims, regardless of the number of victims,

(b) damage to property) to cover-up to 500 000 euros equivalent in lats in accordance with the established by the Bank of Latvia exchange rate on the day when the decision on the costs of claims, regardless of the number of third parties.
14. This law 23.1 and 51.2 article shall enter into force on January 1, 2008, and applies to insurance cases that occurred after December 31, 2007.
15. Amendment of article 44 of this law in the second subparagraph of paragraph 6 as regards the provision of information in accordance with this law, article 51.2 shall enter into force on January 1, 2008.
16. Article 4.1 of this law, the amendments to article 8 of the new version of the amendments to this law, in article 16, in the first paragraph of article 17 of the sixth paragraph and article 53 in the first subparagraph shall enter into force on June 1, 2008. "
37. Make informative reference to European Union directives as follows: "Informative reference to European Union directives, the law includes provisions resulting from: 1) the European Council of 24 April 1972 directives 72/166/EEC on the approximation of the laws of the Member States relating to insurance against civil liability in respect of the use of motor vehicles and to the enforcement of the obligation to insure against such liability;
2) of the Council of Europe of 30 December 1983 on the second directive 84/5/EEC on the approximation of the laws of the Member States relating to insurance against civil liability in respect of the use of motor vehicles;
3) the European Council of 14 May 1990 the third directive 90/232/EEC on the approximation of the laws of the Member States relating to insurance against civil liability in respect of the use of motor vehicles;
4) of the Council of Europe 18 June 1992 Directive 92/49/EEC on the coordination of laws, regulations and administrative provisions relating to direct insurance other than life assurance and amending Directives 73/239/EEC and 88/357/EEC (third non-life insurance directive);
5) of the European Parliament and of the Council of 16 May 2000, Directive 2000/26/EC on the approximation of the laws of the Member States relating to insurance against civil liability in respect of the use of motor vehicles amending Council Directives 73/239/EEC and 88/357/EEC (fourth directive on motor insurance);
6) the European Parliament and of the Council of 11 May 2005 of Directive 2005/14/EC amending Council directives 72/166/EEC, 84/5/EEC, 88/357/EEC and 90/232/EEC and Directive 2000/26/EC relating to insurance against civil liability in respect of the use of motor vehicles. " The law adopted by the Parliament in the 2007 September 27. President Valdis Zatlers in Riga V 2007 October 18.